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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: gbh who wrote (13727)	10/18/1999 9:53:00 PM
From: akmike	Respond to of 18016

Gary-I agree with your philosophy. IMO Fidelity liquidating so many shares is not a s/t bullish occurrence and will cause travails for companies larger than NN. Could be a great buying opportunity-or not, that's what makes a market. Personally, I'm still keeping my powder dry until I see the next earnings and cc....now if we drop another 15% tomorrow I may not be able to wait. <gg> Best regards, Mike

To: gbh who wrote (13727)	10/19/1999 2:59:00 AM
From: pat mudge	Read Replies (1) \| Respond to of 18016

From NN's conference call on August 24, 1999: Q: Was strength in NSA b/c of SBC or beyond? A: SBC was largest customer. NSA had double digit growth. Q: What about DSOs? A: We fixed operations this quarter. We're working on this, especially in Asia. Large accounts have been collected since the close. DSOs would have been close to last quarter. Q: Tight controls continue? Gross margins? A: Gross margins to improve 20 basis points per quarter. Continued emphasis on cost control. Q: Of $475 million, how much was from 4Q and from 3Q? A: All $115 from 4Q we shipped. Backlog was flat. We maintained level of backlog we had at beginning. Q: Inventory numbers? A: We made conscious decision to increase inventories. Will keep expectations in line. Increased raw material as well. . . . .